OCR Interpretation


The day book. (Chicago, Ill.) 1911-1917, December 28, 1911, Image 4

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1911-12-28/ed-1/seq-4/

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th6 Chicago Junction railway,
and the Chicagd Uriion tSbck
.yards, now that I recolject the de
tails. N
"He was a -very humorous
chap, Lord Gordon very humor
3 ous, indeed. I remember that, the
"two for one idea especially ap
pealed ta his sen'se of humor'
Attorney Pierce; Butler raised
his eyebrows in question. Ap
parently he did 'not understand
the 'rtwo for one idea."
Veeder explained that the
"two 'forgone" idea lay in incor-
porting for twice the value, of
your actual assets, and then pay
ing yourself back for the assets
from the stock.
Lord Panmure Gordon's idea
'did not so greatly appeal to Gus
tayus Swift, whom Gordon first
approached about it, however.
(The American public was just be.
. ginning to get ori to the two for
one idea, and, however humorous
it might be to L6rd Panmure
Gordon, investors regarded' it in
a different light.
Several meetings tfdok place
between Gtistavus Swift and Vee
deer early in 1902 to discuss the
merger idea proposed by Gordoh.
The chief point of these discus
sions, apparently, was, "HoW to
pbUr plenty of water ihtp the pro
posed organization" without that
- water5 becohiing apparent td the,
investing public or inquisitive
govef nmeht officials."
It was out of these meetings'
that "25 times the earnings 'for
one year of the cohibined proper
t ties" ereW.
j' sutler asked Veeder why so
many of the riierger purchase
cohtracts Were so near in late.
Veeder smiled-
"Well, Mr. Butler," Jie said, "if
yoti and I were to set out to buy,
Marshall Field's and Siegel Coo
per's, 'and -so on, wotlld We ad- j
vertise it by " ' -V
. "I Understand," said Butler. '
o-o- '3
After five dinner parties in one
day, at5 New York, Cousin 'Bill
Taft announces that one great
faUlt of this age is that people live
too fadt.
In many cases it seems a mis
take to starch the front of the
shirt when a starched back wotdd
be so much more useful.
Common salt and water is a
Frerich remedy for dusty roads.
PACK TO fUe FfceM SRAft
ytBEtf THE H4jiELLfeji
PAteR STkPtGP ON A
UoHFtrfEtt VWULOTHfe

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